The arc-sine law and its analogs for processes governed by signed and complex measures

Kenneth J. Hochberg, Enzo Orsingher

Research output: Contribution to journalArticlepeer-review

31 Scopus citations

Abstract

The question whether the classical arc-sine law of Paul Lévy for the proportion of time spent by a Brownian particle on the positive half-line can be extended to generalized higher-order processes governed by signed and complex measures is studied. Both even and odd-order processes are considered, corresponding to heat-type equations with both real and imaginary coefficients. Finally, several mixtures of the earlier cases are analyzed as well.

Original languageEnglish
Pages (from-to)273-292
Number of pages20
JournalStochastic Processes and their Applications
Volume52
Issue number2
DOIs
StatePublished - Aug 1994

Keywords

  • Arc-sine law
  • Complex measures
  • Feynman-Kac functional
  • Higher-order heat-type equations
  • Signed measures

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